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Professor Dan from Act Notes Tutorials gives a quick tutorial on Cooperative Research and Development Agreements (CRADA). A CRADA is a written agreement between a private company and a government agency to collaborate on a project. It is a key mechanism for federal laboratories to work with non-federal partners for technology transfer. CRADAs are flexible and can be adapted to different collaborative efforts, allowing for easy and quick implementation. They are valuable for moving federally funded research into the private sector.